Stclare Foundation Inc
- Assets
- $71.5k
- Revenue
- $2.1k
- Investments
- $57.8k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-2038590
Organization Overview
Stclare Foundation Inc is located in Atlanta, GA. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stclare Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Stclare Foundation Inc generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (41.0%) each year. All expenses for the organization totaled $75.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Stclare Foundation Inc has awarded 79 individual grants totaling $396,525. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark S Stclare Director | 0.5 | $0 | |
Christine Stclare Dirctor | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $281 |
| Dividends & Interest | $1,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $174 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,466 |
| Contributions, gifts, grants paid | $73,000 |
| Total expenses and disbursements | $75,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,782 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $71,539 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,570 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,570 |
Grants Awarded
Over the last fiscal year, Stclare Foundation Inc has awarded $73,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
THE CARTER CENTER PURPOSE: GENERAL OPERATING | $1,000 |
ATLANTA POLICE FOUNDATION PURPOSE: GENERAL OPERATING | $19,000 |
THE ATLANTA OPERA PURPOSE: GENERAL OPERATING | $12,900 |
ADVENTURES FOR THE MIND FOUNDATION PURPOSE: GENERAL OPERATING | $2,500 |
ATLANTA COMMUNITY FOOD BANK PURPOSE: GENERAL OPERATING | $1,000 |
OCONEE PERFORMING ARTS SOCIETY PURPOSE: GENERAL OPERATING | $7,500 |